According to Giving USA 2017: The Annual Report on Philanthropy, Americans set a new giving record in 2016, contributing $390.05 billion to a wide range of nonprofit organizations. This outcome is remarkable, if more modest than some anticipated, as there were fewer mega-gifts of more than $200 million and bequests dropped 9.0 percent in current dollars. While the 2016 growth rate in total giving—2.7 percent in current dollars—was below the five-year average, the results reflect broad-based philanthropic support in smaller amounts that culminated in a record year of giving.
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Academic institutions have experienced a dramatic increase in matriculation of students from
around the world as our economy and society have globalized in the last few decades. According to the Open Doors Report on International Exchange, the number of international students in the U.S. reached a record high of 1,043,839 in the 2015-2016 academic year.
In 100 short days, President Trump’s administration set off an unprecedented whirlwind of activity and headlines, resulting in widespread speculation about the attendant political, social, and economic consequences. Across the nonprofit sector, many organizational leaders continue to wonder how enacted, proposed, and future changes could impact their fundraising efforts and what steps they should take to safeguard their missions.
Nonprofit leaders are wondering how to take on 2017 with a new presidential administration. With Trump wasting little time to sign Executive Orders and alter pre-existing policies, more changes are sure to come. For now, Campbell & Company assembled the following recommendations to help nonprofit leaders respond and push for success. Moving forward, we will maintain a close eye on new developments and relay additional recommendations as necessary.
According to Giving USA: The Annual Report on Philanthropy, 2015 set a record as America’s most generous year in philanthropy with a total of $373.25 billion, a direct reflection of both economic improvement and the dedication of philanthropists driving Americans to record levels of giving.
CHICAGO, IL (June 14, 2016) - In 2015, charitable giving in the U.S. reached a total of $373.25 billion - an increase of 4.1 percent in current dollars between 2014 and 2015, according to Giving USA 2016: The Annual Report on Philanthropy. The increase in charitable giving by all sources marks consecutive, record-setting years in total giving, a direct reflection of both economic improvement and the dedication of hardworking philanthropists driving Americans to record levels of giving.
“The results this year—milestones for giving in the USA—are truly inspiring. The total of $373.25 billion is 2.1% of the Gross Domestic Product (GDP), a watermark reinforcing Americans’ commitments to organizations that impact both their lives and those of their fellow citizens,” says Peter Fissinger, President & Chief Executive Officer of Campbell & Company, a national fundraising consulting and executive search firm for nonprofits. “The continued upward trend is heartening, and those of us in this industry will strive to help the organizations we serve build upon such generosity, further advancing their missions in the world.”
January 11, 2016 (Chicago, IL) – In 2015, nearly half (46 percent) of nonprofit organizations reported to be currently involved in a campaign, either capital, endowment, comprehensive, or special campaigns, according to a recent report released by the Nonprofit Research Collaborative (NRC). In this study, The Special Report on Nonprofit Fundraising Campaigns, the NRC surveyed over 1,071 organizations during the summer of 2015 and assessed their involvement in fundraising vehicles such as capital, endowment, comprehensive, or special campaigns. The report also provides insight regarding overall charitable receipts in early 2015 including regional, sector, and organizational size comparisons.
On Friday, December 18, 2015, President Obama signed the Permanent IRA rollover into law. H.R. 2029 retroactively reinstates the IRA Charitable Rollover provision originally enacted into law in 2006. The Charitable Rollover provision gives donors age 70 ½ and older the opportunity to transfer up to $100,000 from their IRA to a qualified public charity free of federal income tax.
Chicago, IL (December 3, 2015) – Earlier this week, #GivingTuesday once again reached record levels, raising a total of $116.7 million dollars, an increase of 155 percent compared to last year’s total funds raised, according to #GivingTuesday’s reported 2015 results. This year, 698,961 donors participated in the movement, making 1.08 million gifts worldwide, and garnering over 114 billion impressions on Twitter. Since its inception in 2012, the movement has surpassed the previous year’s record-level achievements, which points to a continuing trend in philanthropy: Americans are giving more money to nonprofits.